The Past, Present, and Future of AP Automation

It’s a well-known fact that organizations and accounts payable managers believe that one key component to keeping suppliers satisfied is an efficient AP software solution. At the same time, it also delivers cost-effective benefits to the company’s bottom line, while … Read More

Dynamic Discounting: Keeping Suppliers Happy

More and more organizations are coming to the realization that AP Automation is one of the optimal methods for more efficient and profitable finance teams. Those who may be struggling with managing their payment operations especially like how e-invoicing can … Read More

The Electronic Payment Alarm

A fire in a building is a very dangerous thing, but building codes and precautions are set up to avoid it and alarms are installed to make everyone aware of its earliest signs. Significant damage can be done in a … Read More

Encouraging Change Through AP Automation

When computer systems were first introduced into the American workplace, it was difficult to foresee how much they would change business practices. Prior to computers, all accounting was laboriously recorded on ledger sheets and paper documents and a significant amount of … Read More

How E-invoicing Enhances Collaboration

Collaboration between two business partners always begins with the understanding that the combined efforts of two partners together are more potent than those of any single entity standing alone. Collaborative arrangements are possible both inside and outside of an organization, … Read More

Eliminating the Paper Trail with Greater Efficiency

It’s hard to believe that a large percent of B2B transactions in the US and the UK are still being done with paper checks and invoices. What’s even harder to imagine is that according to the leading management consulting firm … Read More

Automation and your Companies Future

John Chambers, the outgoing CEO of Cisco, made a shocking statement to an audience of business owners just prior to retiring in 2015. He stated that 40% of their businesses would be functionally dead in 10 years. His statement was … Read More

Closing The Gap Between Procurement and Accounts Payable

Ideally, all departments in a business should be able to work together collaboratively to accomplish the overall goals of the company. In reality, things often don’t work so smoothly. Purchasing and Accounts Payable are an example of two departments that … Read More

Better Financial Control with Dynamic Discounting

It’s fairly easy to see why so many organizations still view AP Automation as just a source of handling supplier payments. But in the reality, it can have a major impact on the working capital of the company. As such, … Read More

Survey Results from Accounts Payable Efficiency Study

A few months ago we sent out over 30,000 email surveys to CFO’s, AP managers, controllers and other financial department decision makers asking them about how efficiently their AP department operates and what level of automation they utilize. For your … Read More